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enitancraig
Mar 17, 2023 12:18 AM

GBPUSD - SHORT Short

British Pound/U.S. DollarFXCM

Description

The following confluences allowed me to come to the conclusion that GU will be selling at the order
Confluences
1. Rally Base Drop = Reversal
2. Failed Demand
3. Price Cycle - Consolidation, expansion, RETRACEMENT, into the reversal
4. Liquidity below the entry OB
5. Imbalance that needs to be filled in
6. Entered HTP OB and created a CHoCH
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